Form HSMV 82994. Motor Vehicle Title Reassignment Supplement

The HSMV 82994 form, also known as the Motor Vehicle Title Reassignment Supplement, is used in Florida for vehicle title transfers. The form is typically used by licensed dealers, auction companies, and other motor vehicle businesses to transfer ownership of a vehicle to a new buyer.

The purpose of the HSMV 82994 form is to provide additional information for the transfer of a vehicle title. It consists of two parts: Part A and Part B. Part A is completed by the seller, while Part B is completed by the buyer.

The important fields in Part A include the seller's name, address, and signature, as well as the vehicle identification number (VIN) and odometer reading. In Part B, the buyer's name, address, and signature are required, as well as the purchase price of the vehicle and the date of sale.

The parties involved in completing the HSMV 82994 form are the seller and buyer of the vehicle. It is important for both parties to carefully review and fill out the form accurately to avoid any issues with the transfer of ownership.

When compiling/filling the form, the seller will need to provide the vehicle's VIN and odometer reading, as well as their own personal information and signature. The buyer will need to provide their personal information, signature, and the purchase price of the vehicle. No additional documents are required to be attached to the form.

An example of when the HSMV 82994 form might be used is when a licensed dealer sells a used car to a private individual. The dealer would fill out Part A of the form, and the buyer would fill out Part B. The completed form would then be submitted to the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) for processing.

One strength of the HSMV 82994 form is that it provides a clear and concise way to transfer ownership of a vehicle. One weakness is that it can be confusing for individuals who are not familiar with the process of transferring a vehicle title.

Related forms include the HSMV 82040 form for a certificate of title and the HSMV 82050 form for a motor vehicle dealer license application. An alternative form is the HSMV 82042 form for vehicle identification number and odometer verification.

Filling out the HSMV 82994 form accurately is important for both the seller and buyer, as it affects the future ownership of the vehicle. The completed form is typically submitted to the FLHSMV for processing and is stored in their database.